1299 Dorchester Ave, Ottawa, Ontario
• $899,900 • MLS®1195599 • Beds: – • Bath: –
Great opportunity to build or expand your investment portfolio in the up and coming neighbourhood of Carlington/Civic-South. This solid brick, purpose-built fourplex sits on a massive lot with R4N zoning.
The building consists of four highly sought after one-bedroom apartments in an ideal location between Carleton University, Algonquin College, and is walkable to both the Civic & Royal Ottawa Hospitals.
This solid and well-maintained structure has a new roof (2019), gas furnace (2014), updated electrical with five meters, and front & back staircases for egress. The walkout lower level features a large storage room that could easily become a 5th unit, coin-operated laundry & large furnace room with additional storage.
All units feature a combined living/dining area, one bedroom with a closet, a small kitchen, a four-piece bath, and a balcony. Units are bright with strip hardwood flooring throughout. Some kitchens and bathrooms have already been updated.
The oversized 84’ x 96’ lot presents a wealth of development opportunities – especially considering the changes announced regarding R4 zoning – to further develop, add on, or create a turnkey cash flow income property. Units are vacant so you can set your own rents. The property recently severed and a new survey is available from 2019.
Property being sold in as-is, where is condition. Buyer to do own due diligence. No up to date fire retrofit certificate is available. Offers graciously accepted at 9am on Wednesday 24th June. 48 hour irrevocable required as per form 244 but Seller may respond sooner.
Strict Covid Protocols in place for everyone’s safety. Clients exhibiting any flu-like symptoms, who have been in contact with anyone exhibiting flu-like symptoms, or who have traveled in the past 14 days can book a virtual showing. No overlapping showings and a maximum of two clients and one agent at a time. Thank you for your cooperation.
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